Difference between Repo Rate, Reverse Repo Rate and Bank Rate
Repo Rate and Reverse Repo Rate are the two instruments of Liquidity Adjustment Facility (LAF) which allows banks to borrow money from the Reserve Bank of India (RBI) through repurchase agreements or to make loans to RBI through reverse repo agreements. Repo Rate (Repurchase Option Rate) Repo rate is the rate of interest at which … Read more